All Forum Posts by: Richard Helppie-Schmieder

@Michael Healey If you would like, we have a DFW meetup the first Saturday of every month at Halcyon Coffee. PM me and will fill you in for the one on the 9th. I even have a recommendation for you to help find your first house hack whether a duplex or something else. He is an expert at creative ways to cash-flow properties. Talk to ya soon.

Hi @Uriah Rohrbacher Ill PM you.

Please reach out if you would like to network, share your expertise and learn a little from what others are doing. Tomorrow here in Dallas. Please send me a DM for info as space is limited with social distancing. Newbies welcome! Thanks!

@Peter Walther for the win.

Hey Nolan,

Shoot me a PM with your cell phone. A few of us on BP are getting together in Dallas on the 12th at 8am to share ideas, strategies and expertise.

@Marcella Marquez I am not a builder, but a friend of mine in Southlake builds about 30 annually and is around $320/sq ft for high end homes. I think for decent finishes I would expect to pay between $110-$130/ft to build.

@Mario Bolivar I have never had any pushback and did it early on in my investing career. It is not something I negotiate up-front but typically about a week from closing after appraisal numbers are in and before the HUD has been finalized. It's a pretty casual conversation and as long as it is positioned where the seller is receiving the same amount, its a non-issue.

Hi Mario!

Looks like you are taking some good steps. For some encouragement, I bought my first home (10 years ago) with 11k, second for 9k and third for 7k. I was able to do this by doing 5% conventional loans while rolling in all the closing costs to the sales price with the seller. 

Also, I am looking to sell one of our properties in Richardson this coming year. 211 Wake Drive. It's 3 bed, 2 bath but has a converted garage. Take a look, maybe we can work something out!

@Alex Wynn @Justin Tsoi @Megan N Williams @Michael Duke

I love helping where I can and chatting real estate. Would y'all want to meet up next week/weekend for a quick coffee and do some networking?

Hey @Joe Villeneuve thanks for the kind words.

I like picking on Detroit because my family is from there. Big MEEEEEESHEEGAN fan (see what I did there?). You may even know one of them if you know a Helppie or a Schmieder because I do have family in Plymouth as well! Yes I have knowledge of the city as to where it was at and where it is heading. The city was literally giving away houses years ago in downtown because it was costing them more to maintain.

From my experience in Dallas, more affluent areas have a much better tenant pool and this remains consistent with other RE investors.